Davidson News

Davidson News

Economic Hardships Drive Increase in Parental Support for Adult Children, Study Shows

Economic Hardships Drive Increase in Parental Support for Adult Children, Study Shows

A recent study sheds light on the growing trend of parents providing financial support to their adult children amidst economic challenges. The study, conducted by Savings.com, surveyed 1,000 parents and revealed that nearly half of them are financially assisting their adult children. This support often stems from factors such as student loan debt and stagnant … Read more